Justin Monaghan, Mba Email & Phone Number

Stamford, CT, US

Stamford, CT, US

Mooresville, NC, US

• Write cost formula code, develop queries, provide reporting, and analyze big data.
• Effectively lead, present, and manage meetings.
• Indirectly manage multiple stakeholders at the Manager, Director, and VP level.
• Manage sourcing events from market research through contract execution.
• Develop and negotiate SOWs (Statements of Work).

Mooresville, NC, US

• Develop strategies for sourcing events RFI (Request for Information), RFQ (Request for Quote), RFP (Request for Proposal).
• Negotiate with a focus on getting the best terms for Lowe’s (payment terms, warranty, risk, service levels, performance gaps, mitigation, etc.).
• Perform financial analysis to determine the best value provider: o Saved $36,000,000 on our 2017 Ocean Transportation RFQ (Request for Quote). o Saved $10,500,000 on Automated Print and Apply RFP (Request for Proposal).

Mooresville, NC, US

• Within two years, I have acted as the business partner and consultant to appliances; kitchens; kitchen essentials; fashion lighting; fashion plumbing; flooring; and paint merchant teams within Lowe’s Home Décor division.
• Supported and managed hundreds of vendors. Strengthened vendor relations to optimal levels with large vendors such as Kohler.
• Provided sales; purchases; inventory turnover; cost adjustment; margin impact; excessive defectives, and outstanding A/P balance compared to inventory dollar values reporting.
• Performed and presented quarterly merchant meetings to Merchandising Directors and Managers.
• Executed product line review audits. Also, performed sales and purchase based program audits and reconciliations based on SOX governance and compliance adherence. Recovery concepts and execution.
• Built a financial liability model for a cost differential associated with plus two years worth internet sales fulfillment.

Rochester, NY, US

• Manage accounts payable discounts - reduced missed discounts by 93% in 2011 and 85% in 2012 which resulted in a cost reduction of $100,000 in 2011 and $34,000 in 2012 bringing discount utilization to 98.9%.
• Developed paperless strategy and transitioned over 100 vendors to e-invoicing and converted over 260 vendors from check payment to ACH payment.
• Increased total ACH payment quantity amount by 82% and ACH payment percentage by 46% bringing ACH total payment percentage to 80% of total dollar spend.
• Improved working capital management and A/P days by converting over 55 vendors to favorable working capital payment terms.
• Support cost accountants with journal entries, accruals, and balance sheet reconciliations.
• Strengthened international forecasting for A/P cash expense by correcting vendor master payment terms, improving vendor relations, utilizing on the water sourced reports, and tracking SAP purchase orders. Brought A/P.

Master Of Business Administration (M.B.A.), Real Estate

Bachelor Of Science (B.S.), Corporate Finance

Associate In Applied Science (A.A.S.), Accounting